Overview

• Reduced GST rates on roughly 375 goods take effect on Sept. 22, aligning with festival-season buying and big e‑commerce sales.
• Commerce Minister Piyush Goyal departs for the United States on Sept. 22 for high‑level trade talks aimed at progressing a bilateral deal.
• Analysts flag the reported $100,000 H‑1B visa fee as a headwind for Indian IT exporters, with the White House saying the charge is a one‑time levy for new petitions.
• An unusually busy primary market week features about 25 IPOs, including around 18 SME issues, seeking more than Rs 6,500 crore.
• HSBC flash PMIs arrive Sept. 23, followed by RBI data on bank credit, deposits and FX reserves on Friday, as investors track rupee moves, oil prices and FII flows.